Highlights
KLSE: TOPGLOV (7113)       TOP GLOVE CORPORATION BHD Main : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
5.66   +0.02 (0.35%)  5.63 - 5.70  1,445,100
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Overview

Market Cap: 7,110 Million
NOSH: 1,256 Million
Avg Volume (4 weeks):3,017,861
4 Weeks Range:5.25 - 5.94
4 Weeks Price Volatility (%):
59.42%
52 Weeks Range:4.20 - 5.94
52 Weeks Price Volatility (%):
83.91%
Average Price Target: 5.42
Price Target Upside/Downside: -0.24

Financial Highlight

Latest Quarter | Ann. Date 31-May-2017[#3]  |  16-Jun-2017
Next QR | Est. Ann. Date: 31-Aug-2017  |  12-Oct-2017
T4Q P/E | EY: 23.72  |  4.22%
T4Q DY | Payout %: 2.55%  |  60.62%
T4Q NAPS | P/NAPS: 1.5168  |  3.73
T4Q NP Margin | ROE: 9.30%  |  15.73%

Market Buzz

Date Type Subject
21-Jun-2017 Price Target Top Glove: Softening Raw Material Prices Spur Restocking Activity
Source : UOBKayHian, Price Call : HOLD, Price Target : 5.48
Last Price : 5.66, Upside/Downside : -0.18(3.18%)
21-Jun-2017 Price Target Top Glove - Targeting 30% Of Global Market Share By 2020
Source : MIDF, Price Call : HOLD, Price Target : 5.15
Last Price : 5.66, Upside/Downside : -0.51(9.01%)
21-Jun-2017 Price Target Top Glove - Re-Stocking Driver On Lower ASP
Source : KENANGA, Price Call : BUY, Price Target : 6.10
Last Price : 5.66, Upside/Downside : +0.44(7.77%)
21-Jun-2017 Price Target Top Glove - 9M17 Briefing And F25 Tour
Source : HLG, Price Call : HOLD, Price Target : 5.20
Last Price : 5.66, Upside/Downside : -0.46(8.13%)
19-Jun-2017 Price Target TOP GLOVE - On Track
Source : PUBLIC BANK, Price Call : HOLD, Price Target : 5.93
Last Price : 5.66, Upside/Downside : +0.27(4.77%)
19-Jun-2017 Price Target Top Glove - High Raw Materials Price A Drag On Earnings
Source : MIDF, Price Call : HOLD, Price Target : 5.00
Last Price : 5.66, Upside/Downside : -0.66(11.66%)
19-Jun-2017 Price Target Top Glove Corporation - Small Wrinkle in 3Q17 Earnings
Source : KENANGA, Price Call : BUY, Price Target : 6.10
Last Price : 5.66, Upside/Downside : +0.44(7.77%)
19-Jun-2017 Price Target Top Glove - Short Term Headwinds Persist
Source : HLG, Price Call : HOLD, Price Target : 5.20
Last Price : 5.66, Upside/Downside : -0.46(8.13%)
19-Jun-2017 Price Target Top Glove (BUY, maintain) - Delayed orders
Source : Affin Hwang Capital, Price Call : BUY, Price Target : 6.50
Last Price : 5.66, Upside/Downside : +0.84(14.84%)
23-Jun-2017 Blog Is Top Glove Corporation Bhd a Gem in The Making? - SmallCapAsia
21-Jun-2017 Blog Mplus Market Pulse - 21 Jun 2017
21-Jun-2017 Blog PublicInvest Research Headlines - 21 Jun 2017
19-Jun-2017 Blog Mplus Market Pulse - 19 Jun 2017
22-Jun-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 18,100 shares on 19-Jun-2017.
21-Jun-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 611,900 shares on 16-Jun-2017.
20-Jun-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 5,300 shares on 13-Jun-2017.
19-Jun-2017 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 5,500 shares on 14-Jun-2017.
22-Jun-2017 Additional Listing ESOS - 6,000 shares at 5.330.
25-Jun-2017 Forum 3 New Comments

Headlines

Latest Headlines
23/06/2017  Is Top Glove Corporation Bhd a Gem in The Making? - SmallCapAsia
21/06/2017  Top Glove: Softening Raw Material Prices Spur Restocking Activity
21/06/2017  Top Glove - Re-Stocking Driver On Lower ASP
21/06/2017  Top Glove - 9M17 Briefing And F25 Tour
21/06/2017  Mplus Market Pulse - 21 Jun 2017
21/06/2017  Top Glove - Targeting 30% Of Global Market Share By 2020
21/06/2017  PublicInvest Research Headlines - 21 Jun 2017
19/06/2017  Top Glove (BUY, maintain) - Delayed orders
19/06/2017  Top Glove - Short Term Headwinds Persist
19/06/2017  Top Glove - High Raw Materials Price A Drag On Earnings
19/06/2017  Top Glove Corporation - Small Wrinkle in 3Q17 Earnings
19/06/2017  Mplus Market Pulse - 19 Jun 2017
19/06/2017  TOP GLOVE - On Track
07/06/2017  Top Glove (BUY, maintain) - Abating competition
22/05/2017  Top Glove Corporation - A Positive Surprise
22/05/2017  Top Glove Corporation Berhad - Acquisition Of Two Glove Factories
11/05/2017  Valunomics: Top Glove Sdn Bhd (RM2.33)
09/05/2017  3大利空消散.顶级手套料急起直追
28/03/2017  Top GLove Corporation Berhad - JV To Manufacture Rubber Reinforcing Agent
28/03/2017  Mplus Market Pulse - 28 Mar 2017

Business Background

Top Glove Corporation Berhad is a Malaysia-based investment holding company providing management services. The Company's subsidiaries are engaged in the manufacture and trading of gloves; producing and selling latex concentrate, and property investment and trading of machinery. It operates in Malaysia, Thailand and People's Republic of China. The Company's subsidiaries include Top Glove Sdn. Bhd., TG Medical Sdn. Bhd., Great Glove Sdn. Bhd., Top Glove Engineering Sdn. Bhd. and TG Medical (U.S.A.) Inc. On March 25, 2010, the Company acquired Top Quality Glove Sdn. Bhd.
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  9 people like this.
 
meistsk3134 topglove revenue can beat harta and kossan, the problem is after cut expense. so part of revenue already songlap?
17/06/2017 16:46
Lee Yih Yeong Yup..agreed.huge revenue but profit lower. If management blame on latex price increase,this reason is not acceptable. You can compare harta,why they successfully profitable above expectation.
17/06/2017 19:09
blahbleh Usually those who hold nothing create the fear, just saying.
18/06/2017 01:48
Apollo Ang u mean a/c posted no good also must misled people and say good?
18/06/2017 02:00
youarefoolidiots Post removed. Why?
18/06/2017 02:09
Apollo Ang why profit not so good cannot say is it?
18/06/2017 02:26
tom2629 Profits are profits. Cannot be disputed. Insts knew its actual valuation is no less than 6.20 so they press it down in order to get in at a lower price to capture at least 15% easy return plus dividend which they dun have to work to hard for it.
19/06/2017 10:05
cngi same as some blogger here say bad but secretly do purchase at the back....
19/06/2017 10:18
Lee Yih Yeong means that press down 15% from high RM5.9 to RM 5.00?
19/06/2017 10:30
tattvooi i caught the falling knife~
19/06/2017 10:36
jusforshare OMG! Price plunge below $5.50..Really a typical sell on news----)(----
19/06/2017 10:59
pjflower I sold at 5.72, cut my profit. Nevertheless, better than nothing.
19/06/2017 11:21
meistsk3134 Below 5 buy back yo
19/06/2017 11:51
tattvooi we give 2 days for Tan Sri Dr Lim to correct the price^^
19/06/2017 12:10
meistsk3134 dividend 1st. dr lim are bn guy or oppo? if his bn guy then better wait after election
19/06/2017 19:26
hunterx2010 money all gone to new investment~~~ for higher margin
20/06/2017 14:28
cngi SHAH ALAM: The world's top glove maker, Top Glove Corp Bhd is planning to manufacture condoms for the export market with an initial investment of RM30mil.

Executive chairman Tan Sri Lim Wee Chai said this was part of Top Glove's diversification to expand its business.

"It's a good business to go in as in terms of price-earnings valuations it's very high," Lim said on the sidelines of the company's third quarter results briefing for the financial year 2017 on Tuesday.

Lim said Top Glove intends to build the factory on a five acre site in Klang.

The RM30mil investment will be for building the plant and machinery. It will kick off production with 20 lines first.

The company is targeting to set up the plant a year from now.
Read more at http://www.thestar.com.my/business/business-news/2017/06/20/top-glove-now-eyes-condoms-for-exports-capex-rm30m/#ttSCxt8KfZOrmc6E.99
20/06/2017 14:30
fattycat I wanna add on below 5~~
nid average down
Pls~~
20/06/2017 14:31
meistsk3134 topglov vs karex. karex will cry
20/06/2017 14:38
wiki123 RM30million can already produce 1b condom... that's quite a low barrier to entry... meaning RM300mil can already produce 10b condom, can conquer a lot of market share already.. but still need to work on market penetration...
20/06/2017 14:54
kevin008 good company good boss..hold tight
last time rm14 i didn't sell ..now aim for RM8(be4 bonus RM16) haha
20/06/2017 15:02
Junichiro MR Lim has good relationhip with his customers. When RM goes up, he will automatically give a discount back to his customers. These customers will buy condom from TopGlove.
20/06/2017 15:12
Stanley Sim I like TopGlove.
20/06/2017 15:17
paperplane2016 Different mkt and customers
20/06/2017 19:16
kevin008 Condom margin higher mah haha
20/06/2017 21:09
dkepong Karex boss must be worried now
21/06/2017 08:00
meistsk3134 karex ceo young man yo.
21/06/2017 08:18
kevin008 now "topglove"..next time new name "topcondom"
21/06/2017 10:24
tattvooi 1 pcs glove can cut become 5 pcs condoms of different sizes + 1 O....haha^^
21/06/2017 10:47
Patrick13 Am surprising TG is going to produce condom as new business. I remember few years ago Tan Sri not even consider this product. Although TG estimate condom profit margin for the first year is about 5% only, but condom is profitable as they can aim for developing countries like Thailand & Asean etc as the potential market.
21/06/2017 13:22
B4b4 Gloves and condom , both are selling very well. Demand worldwide is good. Highly profitable business
21/06/2017 13:44
FortBeau I don't use condom and demand won't come from me because using condom is for losers and no sensation at all. I don't use it and still none of the girls I slept with got pregnant.
21/06/2017 13:56
air01557 sterile guy
21/06/2017 13:57
kevin008 1 condom at least rm1 ...cheapest glove sell in alibaba with bulk order USD0.50-0.60 per box(16 gloves inside) ard rm 0.14 per glove
21/06/2017 14:26
kevin008 look like condom good business leh haha
21/06/2017 14:27
meistsk3134 Got durian flavour?karex this year produce durian flavour n say many like it. Hhahaha
21/06/2017 17:22
Junichiro TG can easily hire those expert fr Karex n start taking away Karex's market share.
21/06/2017 19:07
meistsk3134 pity young specky karex ceo
21/06/2017 19:29
toto Many like the durian flavour?? Interesting to know who r those many; the men or the ladies ??
21/06/2017 21:07
Jay http://www.straitstimes.com/singapore/health/two-new-zika-cases-at-kensington-park-drive
21/06/2017 23:08
Lee Yih Yeong let's guess what name will be in topglove brand for condom. "Topcondom" , "TopDom", Topom", "Topudex" , "TopDex" .. low cost and high quality and good lubricant!!
22/06/2017 07:32
meistsk3134 karex = carex ... toglove = topex
22/06/2017 13:07
Cornerstone TopSex!! haha
22/06/2017 13:55
kingcobra all the way up north till 30 June for the divd!
22/06/2017 14:25
paperplane2016 Jay, may i know your view? Beside PPHB, Topglove boss also inside Chi Tzi. So I can trust their honesty I guess.

I hope to accumulate more
23/06/2017 16:15
meistsk3134 lim pek are invest gambler n may relate to umno.
23/06/2017 16:41
Huat168 Another 3 days to entitle for 6 send dividend :)
24/06/2017 19:02
LA777 Singapore topglov entitle for the 6 cent dividend?
25/06/2017 11:58
LA777 Huat168, another 8 days to entitle for 6 sen dividend, not 3 days, ex-date 3rd of July.
25/06/2017 12:05
meistsk3134 6cent only. not 10cent lol
25/06/2017 13:34


 

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